--- title: Market Data description: See what each market data field means, including last sale, bid, ask, and quantity, and how real-time price checks work on Frec. --- [Skip to content](https://help.frec.com/en-us/market-data#main-content) [![logo-full-black](https://help.frec.com/hs-fs/hubfs/logo-full-black.png?width=100&height=26&name=logo-full-black.png)](https://help.frec.com/en-us?hsLang=en-us) - [Contact help](https://help.frec.com/contact-help) - [Login](https://frec.com/app/login) Open main navigation Close main navigation - [Contact help](https://help.frec.com/contact-help) - [Login](https://frec.com/app/login) This is a search field with an auto-suggest feature attached. - There are no suggestions because the search field is empty. 1. [Frec Help Center](https://help.frec.com/en-us?hsLang=en-us) 2. [Trading & investing](https://help.frec.com/en-us/trading-investing?hsLang=en-us) 3. [Order Execution](https://help.frec.com/en-us/trading-investing?hsLang=en-us#order-execution) September 15, 2026 # Market Data | Term | Definition | | --- | --- | | Last sale | The price of the last trade. | | Change from previous close | The dollar and percentage difference between the last sale price and the previous closing price of the symbol. | | Quantity | The round lot quantity (1 = 100 shares, 2 = 200 shares, and so on). | | Bid | The national best bid (NBB), the highest price buyers are currently willing to pay. | | Ask | The national best offer (NBO), the lowest price sellers are currently willing to accept. | | Exchange | The exchange code the quote is being displayed on. | Market data displayed is delayed by 15 minutes. However, you can select **Check current price** to view a snapshot of the most up-to-date market data. Market data provided by Xignite. [![Frec Black Logo smaller](https://help.frec.com/hs-fs/hubfs/Frec%20Black%20Logo%20smaller.png?width=100&height=26&name=Frec%20Black%20Logo%20smaller.png "Frec Black Logo smaller")](https://frec.com/) FREC © 2026 Frec Markets, Inc. All rights reserved.